Annual. After the end of each fiscal year of Regional, and in any event within 120 days thereafter, # balance sheets and # statements of income of Regional and its Subsidiaries, prepared on a consolidated basis including a Special Purpose Subsidiary; together with:
Salary shall mean an Employee’s annual base salary.
Tier 1 Employees shall receive payment equal to 200% of the sum of # the Tier 1 Employee’s Annual Base Salary, plus # the Tier 1 Employee’s Target Annual Incentive Payment (with both Annual Base Salary and Target Annual Incentive Payment being determined without regard to any decrease in such Annual Base Salary that would constitute a basis for a Good Reason Resignation).
Salary and Bonus Severance. Participants shall receive salary and bonus severance payment equal to 100% of the sum of # the Participant’s Base Salary, plus # the Participant’s Target Annual Incentive Payment (with both Base Salary and Target Annual Incentive Payment being determined without regard to any decrease in such Base Salary or Target Annual Incentive Payment that would constitute a basis for a Good Reason Resignation).
"Annual Salary" means, with respect to a Participant, his or her annual base salary paid in a particular fiscal year of the Company, provided, however, that if a Participant is added to the Plan during a Plan Year the term Annual Salary will mean only his or her annual base compensation earned after being added to the Plan.
Monthly Payments. USPB shall pay CEO an additional month's salary in an amount equal to the annual salary under [Section 3(a)] [Annual Salary] that would be paid to CEO under this Agreement if CEO was employed or CEO's annual salary at the time of termination, whichever is greater, divided by twelve (12), which payments shall be paid at normal salary payment intervals in effect for USPB's management personnel; and
NBU Salary Paid/Exempt – Annual Base Salary as of December 31st of the plan year
“Base Salary” means the Executive’s annual base salary as from time to time in effect.
a material diminution in Employee's title, Annual Base Salary or Annual Bonus Opportunity; or
Base Salary. “Base Salary” shall mean an amount equal to the Employee's Company annual salaried compensation.
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